Beacon Chain epoch

Hash

6e203a3e9d5607076b4300c8bee0ceb1adc836189e0cc727c8cfcc3a31cf92924...

16 May 2022 04:57:47 UTC (2 years ago)

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The Beacon Chain is a key component of the Ethereum 2.0 upgrade, which introduces proof-of-stake to the network, fundamentally changing the consensus mechanism from proof-of-work to a more energy-efficient system. It acts as the central coordination and consensus layer, managing the network of validators, their stakes, and providing the backbone for shard chains to ensure scalability and security for the entire Ethereum ecosystem.